Regulatory Alerts2013-04-19 | SGDB N° 019/2013Added · Updated
SGDB N° 019/2013
The Central Bank of Bolivia amends Chapter VIII of the Check Regulation to rename it "Surveillance and Supervision" and adds Article 40, which grants the Financial System Supervisory Authority (ASFI) the power to issue specific regulations for check issuance and operations, supervise consumer defense and fraud prevention policies, and verify the public availability of check-related fees. These modifications clarify the supervisory roles of the ASFI and the Central Bank regarding check operations and take effect immediately upon approval.
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